Oil And Gas Properties (Tables)

12 Months Ended

Dec. 31, 2014

Oil And Gas Properties [Abstract]

Results of Operations for Oil and Gas Producing Activities Disclosure

		Year Ended December 31,
		2013 (1)		2012
Revenues	$	48,847	$	557,231
Costs:
Production (lifting) costs		16,017		164,663
Hurricane repair expense		-		662
Exploration expenses		3,514		3,295
Depreciation, depletion, amortization and accretion		1,226		158,284
Proved property impairment and abandonment (2)		(152)		151,045
Loss on sale of oil and gas properties		-		1,714
Hedge ineffectiveness and non-hedge gain on commodity derivative contracts		-		(5,550)
Selling, general and administrative expenses		1,229		17,823
Net interest expense and other (3)		2,732		28,191
Total costs		24,566		520,127
Pretax income from discontinued operations		24,281		37,104
Income tax provision		8,499		13,420
Income from operations of discontinued operations		15,782		23,684
Loss on sale of business, net of tax		(14,709)		-
Income from discontinued operations, net of tax	$	1,073	$	23,684

(1) Results for 2013 reflect the operating results from January 1, 2013 through February 6, 2013 when ERT was sold.  There were no material results of operations for our former oil and gas segment subsequent to the sale of ERT.

(2) Results for 2012 include a charge of $138.6 million to reduce our carrying amount of ERT to its estimated fair value less costs to sell.

(3) Net interest expense of $2.7 million and $27.7 million, respectively, for the years ended December 31, 2013 and 2012 was allocated to ERT and primarily consisted of interest associated with indebtedness directly attributed to the substantial oil and gas acquisition made in 2006.  This includes interest related to debt required to be repaid upon the disposition of ERT.